May 21, 2018 / 6:13 PM / 7 months ago

Pennsylvania sues over troubled 2003 Harrisburg incinerator deal

NEW YORK, May 21 (Reuters) - Pennsylvania Governor Tom Wolf’s administration on Monday sued an array of financial, legal and other professional firms over their involvement in a 2003 incinerator upgrade project that nearly bankrupted the state’s capital city, Harrisburg.

The state sued RBC Capital Markets, Buchanan Ingersoll & Rooney PC, Public Financial Management Inc and others, 15 years after the ill-fated trash-to-energy project, which ultimately saddled the city with a mountain of debt.

The complaint seeks punitive damages, with interest. (Reporting by Hilary Russ; Editing by Steve Orlofsky)

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